The Social Security Administration will be releasing yet another installment on Wednesday, February 19. The payment will bring financial help to Social Security Disability Insurance (SSDI), Supplemental Security Income (SSI), and retiree survivors.
With increased living expenses, most Americans use these payments to cater to daily needs. If you are curious about whether you will get a payment this week, here is what you should know.
Payment
The SSA makes payments according to the recipient’s birth date. The next payments on February 19 are for those born between the 11th and 20th of the month. If your birthday is between these dates, you can anticipate your payment on this date.
Below is the payment schedule for February:
| Payment Date | Who Receives Payment? |
|---|---|
| Wednesday, February 12 | Those born between the 1st and 10th of the month |
| Wednesday, February 19 | Those born between the 11th and 20th of the month |
| Wednesday, February 26 | Those born between the 21st and 31st of the month |
When February comes to a close, the SSA will also make early payments for March’s SSI benefits.
Amount
Due to a 2.5% cost-of-living adjustment (COLA) this year, Social Security payments have increased.
- The average monthly payment for retired workers has increased from $1,927 to $1,976.
- Some beneficiaries may receive up to $2,000, depending on their earnings history and benefit calculations.
Payment Arrive
Direct deposit is the usual method for making most Social Security payments. If you get a paper check, it takes a bit longer since it is done by mail. If you anticipate receiving a payment and it doesn’t show up, the SSA suggests:
- Waiting a minimum of three business days before calling them
- Inquiring with your bank or financial institution to see if there is an update on your deposit
- Monitoring your payment status through the “My Social Security” online platform
Final Thought
If you qualify for a February 19 payment, look for the deposit in your bank account or mailbox. Beneficiaries born later in the month will get paid on February 26. Keeping up to date with payment dates and changes to benefits can assist you in keeping your finances in order.
FAQ’s
What is the average Social Security payment?
The monthly payment average rose to $1,976 in 2024.
What if my payment hasn’t arrived?
Wait three business days before calling the SSA.
Who receives payment on February 19?
Beneficiaries born between the 11th and 20th of the month.